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  Ministry of Coal launches auction process of 40 new coal mines

  India | October 13, 2021 6:26 IST

  The step has been taken following the successful auction of 28 coal mines in the first two tranches and there shall be a total of 88 coal mines on offer at present.

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  India's coal import rises over 20 per cent in May; import volumes may be subdued in ongoing monsoon

  Business | July 11, 2021 10:26 IST

  The country had imported 16.54 MT of coal in May last fiscal, according to data compiled by mjunction Services.

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  Competition may have been restricted: CAG picks holes in coal mines auction by NDA govt

  India | July 26, 2016 18:26 IST

  Picking holes in the e-auction of coal mines by the Narendra Modi-led NDA government last year, the Comptroller and Auditor General (CAG) has said that the multiple bids by corporate groups through joint ventures or

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  Coal auction hits legal, other roadblocks; one mine on offer tomorrow

  August 12, 2015 17:50 IST

  New Delhi:  Coal block auctions ran into legal and other roadblocks on Wednesday, forcing the government to defer auction of one mine and withdraw another from the third tranche with players Hindalco, JSPL and Vedanta

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  Coal auction unlocks Rs 4,00,000 crore: Ministry

  April 05, 2015 21:23 IST

  Kolkata: The auctions and allotments of 67 coal blocks so far has unlocked a total value of nearly Rs 4,00,000 crore, a senior coal ministry official said here today."Out of 67 blocks auctioned or allotted,

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  Government to reject two winning Jindal bids for coal blocks

  India | March 17, 2015 10:31 IST

  New Delhi: After a round of successful coal auctions, the government is expected to deny two successful bids for Gare Palma and Tara coal blocks won by Jindal Steel and Power Ltd (JSPL) citing the

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  Coal auction proves right policies can combat corruption: PM Narendra Modi

  Politics | March 12, 2015 20:44 IST

  Mauritius: Asserting that his government has a strong resolve to combat graft, Prime Minister Narendra Modi on Thursday said fetching of over Rs 2 lakh crore from auction of just 20 coal blocks has shown

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  Coal auction proceeds to cross Rs 2 lakh cr: Coal Secretary

  India | March 09, 2015 20:58 IST

  New Delhi: Proceeds from the ongoing coal block auctions are likely to cross Rs 2 lakh crore, surpassing CAG's estimate of Rs 1.86 lakh crore loss on account of the allocation of blocks without auction

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  Adani Power, Usha Martin bag mines in 2nd leg of coal auction

  March 04, 2015 20:05 IST

  New Delhi: Adani Power bagged Jitpur mine in Jharkhand while Usha Martin won Brinda and Sisai mines in the same state in the second tranche of coal block auction that began today.“Usha Martin is the

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  Govt begins 2nd phase of coal mine auctions

  March 04, 2015 13:15 IST

  New Delhi: Government today began the second round of coal mine auctions by putting on offer four blocks - all in Jharkhand - with firms including Adani Power, JSW Steel, SAIL and BALCO in the

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  Coal auction to raise Rs1.47 lakh crore boost jobs: Vedanta Chief

  February 23, 2015 19:00 IST

  New Delhi:  Coal block auctions will fetch a whopping Rs 1.47 lakh crore and boost job creation, mining baron Anil Agarwal, who heads Vedanta Resources, said on Monday."Coal auction will earn Rs 1.47 lakh crore

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  Coal auction success proves the scam was real: Venkaiah Naidu

  Politics | February 20, 2015 14:48 IST

  Bengaluru: With metal and cement companies bidding aggressively for coal blocks, Union Parliamentary Affairs Minister M Venkaiah Naidu today said the success of auctions had proved that the coal scams were real and not an

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  Coal auction: Hindalco bags one more

  February 19, 2015 12:03 IST

  New Delhi: Aditya Birla group firm Hindalco Industries has won the Gare Palma IV/5 mine in Chhattisgarh by outbidding companies like BALCO, Sesa Sterlite, Ambuja Cements, which were also vying for the same block."Gare Palma

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  Coal auction to generate over $100-billion for states: Piyush Goyal

  January 24, 2015 16:51 IST

  Davos: Asserting that investors have no concern about ordinance route being adopted for coal auction, Coal and Power Minister Piyush Goyal said the entire process would generate over $100 billion in royalties and auction proceeds

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  E-auction of coal blocks to boost investors' confidence: India Ratings

  November 22, 2014 15:06 IST

  Mumbai: The government's move to e-auction most of the 214 coal mines cancelled by the Supreme Court will boost investor confidence due to transparency in the process and reduce fuel availability risks, India Ratings said.The

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  Coal auction to begin in Feb; Govt aims to keep lid on tariff

  India | November 19, 2014 23:11 IST

  New Delhi: The keenly awaited auction of coal blocks will be held around February 11 but power tariffs are unlikely to shoot up following bidding, expected to be intense, as the government has put in